The Latest Breaking News from International Monetary Fund

Sri Lanka has a new president, but here's why many continue to protest

Sri Lanka's parliament elected longtime politician Ranil Wickremesinghe as the country's new president in a secret ballot on Wednesday. Here's what led to this moment.

WEKU · Jul 20, 2022

A hint of stability: On Sri Lanka’s new dispensation

With a new government in Sri Lanka, India must review its options in extending more help 

The Hindu · Jul 20, 2022

Saudi Oil Production Capacity at Highest Levels in Over 2 Years

Saudi Arabia's crude oil production grew to 10.538 million bpd in May, rising 0.9 percent from 10.441 million bpd in April.

Asharq Al-Awsat · Jul 20, 2022

Cutting UK taxes now would be a mistake, International Monetary Fund warns

Only Rishi Sunak has said he will not start cutting taxes if he becomes prime minister

The Independent UK · Jul 18, 2022

Tory leadership field to be cut to four as IMF warns against tax cuts

Tom Tugendhat most likely to be eliminated after bruising ITV debate marked by Sunak and Truss clashes

The Guardian - UK · Jul 18, 2022

Pakistan's Khan Calls for Early Election after State Assembly Victory

Former Pakistan prime minister Imran Khan called again Monday for an early national election after his party seized control of the state assembly in Punjab, the country's most populous province. Twenty seats were up for grabs in the Punjab by-election, which was seen as a popularity test for the former…

Asharq Al-Awsat · Jul 18, 2022

Pakistan’s Imran Khan calls for early polls after Punjab victory

The Punjab state assembly vote is being seen as bellwether for national election that must be held by October next year.

Al Jazeera · Jul 18, 2022

Dark clouds on the horizon

The drumbeat warning of recession is getting louder and more frequent, based on reports from the US and other major economies.

Bangkok Post · Jul 17, 2022

Ghana’s return to the IMF within three years underscores its deeper economic problems

Ghana is again seeking assistance from the International Monetary Fund (IMF) to enable the country to meet its payments to the rest of the world and restore the health of government finances. It is the second time in the past three years and 17th since independence in 1957 that Ghana…

The Conversation · Jul 17, 2022

Sri Lanka's protests started with plan hatched in a tent. Within months, thousands would storm the president's luxury residence

Inside a tent across the road from Colombo's famous seaside park, plans were hatched to occupy the luxury residence of the president and the prime minister's office. After months of demonstrations, these protesters have hope for the future.

ABC News · Jul 16, 2022